Topological dynamic classification of duopoly games (Q1862330)

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scientific article; zbMATH DE number 1884623
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English
Topological dynamic classification of duopoly games
scientific article; zbMATH DE number 1884623

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    Topological dynamic classification of duopoly games (English)
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    19 March 2003
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    The \textit{Cournot Duopoly Map} on the unit square is of the form \(F(x,y)=(f(y),g(x))\) where \(f\) is the first player's best (quantity) response to the second player's quantity, and vice versa for \(g\). The paper studies the topological complexity of the dynamics of such map, and provides further characterizations of the property of zero topological entropy besides those found by \textit{R.-A. Dana} and \textit{L. Montrucchio} [J. Econ. theory 40, 40--56 (1986; Zbl 0617.90104)].
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    Cournot games
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    topological dynamics
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